CATL Pursues Hong Kong Stock Listing to Strengthen Global EV Battery Leadership

The world's largest EV battery maker seeks regulatory and shareholder approval to expand its international operations and competitiveness.

CATL has announced plans to issue H-shares and list on the Hong Kong Stock Exchange, pending regulatory and shareholder approval.
The company aims to use the listing to enhance its global strategic layout and improve its competitive edge in the EV battery market.
CATL currently holds a dominant 36.8% share of the global EV battery market, with China's BYD and Korea's LG Energy Solution trailing behind.
Shareholders will vote on the proposal on January 17, 2025, with the company targeting completion within 18 months of approval.
This move follows CATL’s recent unveiling of its Bedrock Chassis, an ultra-safe EV platform, and its ongoing efforts to expand its EV battery swap network.